Technical Accounting Manager

Aspen Insurance Group; City Of London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player seeks a Technical Accounting Manager to lead complex accounting activities and ensure compliance with regulatory standards. This role offers the opportunity to apply your expertise in a dynamic environment while managing a team and contributing to strategic objectives. You'll be pivotal in developing relationships with internal and external stakeholders, guiding your team to achieve operational excellence. If you are passionate about finance and want to make a significant impact in a leading specialty insurance firm, this role is tailored for you. Join a company that values respect, honesty, and professionalism, and take your career to new heights.

Benefits

Hybrid Working Model

Career Development Opportunities

Performance Rewards

Collaborative Work Environment

Qualifications

• Significant experience in finance within a complex multi-national environment.
• Qualified in relevant finance or accounting qualifications.

Responsibilities

• Manage accounting activities ensuring compliance with regulations and standards.
• Develop strong relationships with stakeholders to enhance service delivery.

Skills

Finance

Accounting Principles (GAAP)

Analytical Skills

Team Management

Communication Skills

MS Office (Excel)

Regulatory Knowledge

Customer Relationship Management

Problem Solving

Lloyd’s Market Knowledge

Education

Degree in Finance or Accounting

Relevant Finance or Accounting Qualifications

Tools

Financial Toolsets

Accounting Software

Job description

Technical Accounting Manager (14066) City of London, England

Job Title: Technical Accounting Manager

Location: London (Hybrid Working, 3 days in office)

Role Objective:
To apply specific subject matter expertise, related accounting principles and regulatory standards to effectively and efficiently carry out high value/highly complex accounting activities within their discipline; providing relevant advice, guidance and approval in accordance with delegated underwriting authority limits.

Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Responsibilities:

Strategy and Planning:

• Contributes to functional strategy development and prioritises operational deliverables and activities of team to support delivery of overall business targets
• Manages tactical plan and provides support to others to achieve positive results for the business in line with strategy

Policy, Process and Procedures:

• Applies specific expertise to advise and guide others within the team, to ensure accuracy, good practice and adherence to prescribed standards
• Is responsible for a range of duties and, as an experienced practitioner, completes transactions, within a broader range of value and complexity (making decisions within authority limits) to ensure that operational processes and/or individual transactions are appropriately executed and that files, documentation and related systems are properly maintained
• Assists in the interpretation of organisation goals and regulatory/legislative requirements; and is proactive, in reviewing, analysing and suggesting how compliance, effectiveness and risk management can be improved

Environmental Awareness/Customer Focus:

• As a senior technical expert and designated point contact for others within the function, is proactive in providing advice and guidance to colleagues, making appropriate decisions and promoting improved understanding of functional needs and standards
• Develops strong relationships with internal and external stakeholders to ensure that service delivery meets customer/colleague expectations
• Networks with relevant colleagues across the organisation to share best practice and to identify optimal service delivery options within the function
• Builds upon broad awareness of their market context, industry best practice and headline legislation related to their specific discipline, by engaging with external peers, to enhance personal contribution to functional performance
• Actively participates in relevant internal and external meetings as required to develop and demonstrate knowledge of Aspen and its processes
• As a senior technical expert will represent the function by providing support and technical input to project teams and other areas of Aspen to ensure solutions take account of functional needs

Technical Performance:

• As a senior and experienced finance professional, applies technical knowledge of related accounting principles (such as GAAP) to effectively and efficiently carry out higher value/complex accounting activities and provide relevant advice, guidance, and approval in accordance with delegated underwriting authority limits, to meet business objectives
• Is responsible for ensuring their team complies with internal and external regulations and guidelines
• Manages the review and analysis of functional performance to identify and influence progress towards business objectives
• Contributes to the 'Business Optimisation' agenda, bringing together an array of financial, capital, risk, volatility and historical performance metrics to identify profit opportunities and under-performance challenges
• Conducts and presents analysis to the senior leadership team (including contributing information and papers to the Board and Executive Committee as required) to provide relevant oversight in relation to Aspen's finances
• Is a key contributor to the development of Finance technology toolsets to ensure effective and efficient corporate planning and financial solutions are in place
• Utilises the suite of financial tools to develop and prepare insightful analysis to support commercial decision-making processes
• Continually develops subject matter expertise and technical knowledge (of self and other team members) by identifying and implementing appropriate learning and development activities

People Management:

• Manages a team of junior practitioners within the function/department or specialism to ensure that people, resources and processes are aligned with business needs and fit for purpose
• Manages, motivates, develops and focuses the team to ensure the required standards of performance and support the continuing personal and professional development of all team members
• Assists more senior management within the function in appointing, performance managing and rewarding the team to effectively manage resources within the function
• Establishes clear accountabilities and authority levels for direct reports and builds a strong culture of accountability and performance in order to ensure delivery of goals

Requirements & Skills:

• Significant post-qualification work experience in finance environment within a complex multi-national financial services business
• Experience of resolving complex finance or accounting queries; and has significant experience of working with relevant specialist toolsets or applications
• Has established senior level customer/supplier/professional body relationships that are relevant to their role/specialism
• Experience of managing finance teams or groups of individuals with relevant subject matter expertise
• Lloyd’s market experience is desirable
• Degree level education (or equivalent) (And relevance of degree subject to role) is preferred.
• It is expected that the incumbent is qualified in relevant finance or accounting qualifications (with particular emphasis on related specialism)
• Extensive and relevant knowledge of their financial discipline and overall Finance strategy
• Technical understanding of service parameters and delegated authorities; including relevant operational goals/targets - and how this role contributes to overall performance
• Comprehensive knowledge of, and technical expertise in the finance systems, processes and toolsets used in their discipline
• Discipline specific technical expertise and knowledge in relation to legal and regulatory requirements (including specific reference to e.g. GAAP, FCA/Lloyds regulation)
• Working knowledge of best practice accounting and regional accounting standards
• Knowledge of the market the company operates in and London Market Operations (Lloyd’s, IUA, LPSO, LPC etc)
• Strong written and verbal communication, including presentation and technical writing skills
• Teamwork – able to collaborate, manage and work flexibly with others
• Able to manage and coach staff
• Able to work independently and autonomously with minimal supervision
• Ability to build strong business relationships across a global business
• Highly proficient in MS Office applications e.g. Excel and other discipline specific software packages
• Excellent analytical skills
• Research skills – maintaining awareness of emerging issues, including regulations, industry practices, and new technologies
• A high level of numeracy and literacy
• Effective time management, planning and organisational skills with the ability to manage priorities to meet strict deadlines

About us:
Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions. We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.
Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.